NOT LISTED FOR SALE

981 Lower State Rd Chalfont, PA 18914

Estimated Value: $573,000 - $742,000

5 Beds
2 Baths
2,400 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $425,000 $177 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,996/month

69 Days on Market

Highlights

  • Additional Residence on Property
  • In Ground Pool
  • Deck
  • Mill Creek Elementary School Rated A
  • 0.93 Acre Lot
  • Traditional Architecture

About This Home

As of March 2021

This is a great property with the potential to be even better. The main house was originally a cape cod with 2 bedrooms and full bath on the first floor, then a spacious 2-story addition was added, so there is a lot of square footage here. The pole barn is solid with a lot of work space and storage. The 1-bedroom guest house makes this property really versatile. *Currently in the process of obtaining Township zoning approval for guest house use. Lower State Road address, but the house is set back from Lower State with driveway entrance off of Bellflower. Mature trees aroud the perimeter of the property give lots of privacy. It's definitely worth a look!

Last Agent to Sell the Property

Beth Haney

(215) 416-5389 bethhaney1@gmail.com New Horizons Real Estate, Inc. Listed on: 10/30/2020

New Horizons Real Estate, Inc.

Last Buyer's Agent

Brandi Shaw

(215) 932-5464 brandilynnshaw@gmail.com Roc Hous Real Estate LLC License #RS333601

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,620

Year Built

  • Built in 1950 | Remodeled in 1984

Lot Details

  • 0.93 Acre Lot
  • Property is in average condition
  • Property is zoned R-3

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 2 Levels
  • Double Hung Windows
  • Casement Windows
  • Living Room
  • Dining Room
  • Dishwasher
  • Attic

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Front Loading Dryer
  • Front Loading Washer

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Outdoor Features

  • In Ground Pool
  • Deck
  • Pole Barn
  • Office or Studio
  • Utility Building

Additional Homes

  • Additional Residence on Property

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • 120/240V
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 152
  • Assessor Parcel Number 50-004-152

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,620

Year Built

Built in 1950 | Remodeled in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Stained glass windows/lapshades
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerator, freezer, window air conditioners as-is.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-10-30
  • Federal Flood Zone: No
  • Year Built: 1950
  • Year Renovated: 1984
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Washer - Front Loading, Dryer - Front Loading, Dishwasher
  • Flooring Type: Carpet, Vinyl, Ceramic Tile
  • Interior Amenities: Attic
  • Window Features: Double Hung, Casement
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Basement, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Partial, Partially Finished, Walkout Stairs
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 183.29
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Pole Barn, Guest House, Office/Studio, 2nd House, Garage(s), Utility Building
  • Construction Materials: Frame
  • Pool Features: In Ground
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service, 120/240V
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 24520.00
  • Land Assessed Value: 9400.00
  • Lot Size Acres: 0.93
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40510.80
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Average, Below Average, Major Rehab Needed
  • Zoning: R-3

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 203396
  • School Tax: 4209.00
  • Tax Annual Amount: 5620.00
  • Assessor Parcel Number: 50-004-152
  • Tax Lot: 152
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CENTRAL BUCKS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Feb 20, 2021
Sold by
Ball Dorothy W
Bought by
Sheppard Jefferson Benjamin and Derstine Ruth Nicole
Seller's Agent
Beth Haney
New Horizons Real Estate, Inc.
Buyer's Agent
Brandi Shaw
Roc Hous Real Estate LLC
List Price
$439,900
Sold Price
$425,000
Premium/Discount to List
-$14,900
-3.39%
Current Estimated Value
$667,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,528
Avg. Annual Appreciation
9.95%
Original Mortgage
$340,000
Outstanding Balance
$304,093
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$363,435

Purchase Details

Closed on
Jan 7, 2020
Sold by
Ball Dorothy W
Bought by
Ball Dorothy W

Purchase Details

Closed on
Jan 30, 1973
Sold by
Encks Wm J and Encks Velma P
Bought by
Ball John L and Ball Dorothy W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sheppard Jefferson Benjamin $425,000 Bucks Cnty Abstract Svcs Llc
Ball Dorothy W -- None Available
Ball John L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheppard Jefferson Benjamin $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2021 03/04/21 Sold $425,000 -3.4% $177 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $439,900 0.0% $183 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
11/27/2020 11/27/20 Price Changed $439,900 -2.2% $183 / Sq Ft
11/14/2020 11/14/20 Price Changed $449,900 -5.3% $187 / Sq Ft
11/01/2020 11/01/20 Price Changed $474,900 -5.0% $198 / Sq Ft
10/30/2020 10/30/20 For Sale $499,900 -- $208 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,813 $31,490 $6,970 $24,520
2024 $5,813 $31,490 $6,970 $24,520
2023 $5,382 $31,490 $6,970 $24,520
2022 $5,276 $31,490 $6,970 $24,520
2021 $5,217 $31,490 $6,970 $24,520
2020 $5,620 $33,920 $9,400 $24,520
2019 $5,586 $33,920 $9,400 $24,520
2018 $5,524 $33,920 $9,400 $24,520
2017 $5,449 $33,920 $9,400 $24,520
2016 $5,432 $33,920 $9,400 $24,520
2015 -- $33,920 $9,400 $24,520
2014 -- $33,920 $9,400 $24,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU507946

Bright MLS

APN: 50-004-152